The document discusses JWB's reserve policy and considerations for the reserve amount. Originally, the reserve policy was 3% of the undesignated fund balance, not to exceed 10% of the total budget, but it has been waived since 2009 to implement a Program Stability Fund. In the event of a natural disaster, JWB is contractually obligated to fund agencies for 2 months, which would cost $6.9 million. For JWB operations to continue for 2 months after a disaster would require $1.2 million. The document presents options for reserve amounts from 1 to 3 months and the associated costs. It also discusses potential sources of reserve funding and ideas for spending down the reserve.

1. Background
Original Reserve Policy is 3% of the Undesignated Fund
Balance, and not to exceed 10% of the total budget.
Reserve Policy has been waived since 2009 in order to
implement Program Stability Fund.
Actual Fund Reserve balance fluctuates during the year
depending on collection of ad valorem revenues and provider
expenditures.
Considerations for Discussion:
In the event of a natural disaster JWB contractually commits
to fund agencies for 2 months, in the 13/14 budget this
amount is $6.9M.
To continue JWB operation for 2 months following a natural
disaster, an amount of $1.2M is required.
Item II.A.
JWB - August 12, 2013 Page 1

2. Sources of Reserve
Implementation of
Pilots / Projects
Intergovernmental
Transfer (IGT)
Year-End Lapse from
Provider Contracts
JWB - August 12, 2013 Page 2

3. Months: 1 2 2.5 3
Reserve Amount:
2 Month Contractual
Obligation to Funded
Agencies:
$6.9M
Operating Reserve
7%Reserve to
Total Budget: 13% 16% 20%
$11M $13.5M$9M$4.5M
JWB - August 12, 2013 Page 3
2 Month cost for JWB
Operating:
$1.2M
$6.9M
$6.9M
$6.9M
$1.2M
$1.2M
$1.2M

4. Ideas for Spending Down the Reserve
JWB - August 12, 2013 Page 4
Cost of
Business
Improvement
Expand
Provider Pool
for Quality
Early Learning
Collective
Impact
ProjectOST
Funding
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?
?
?
?
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?
?

5. IGT for
indigent care
Donation for
children’s services
JWB Revenues for
children’s services
State Match for
subsidized child care
Total generated for children’s services = $23.6M
* Estimate pending Board approval
Intergovernmental (IGT) and Revenue Maximization Efforts
All Children’s Hospital $1.338 $0.134
Bayfront $3.412 $0.341
*BayCare $6.775 $0.673
*Community Health Centers
of Pinellas $1.500 $0.353
Targeted Case Management $0.350
Child Care Executive Partnership $1.40 $1.40
Child Care Match $0.360 $5.60
Total $13M $1.5M $2.1M $7M$13M $1.5M $2.1M $7M
Summary of 2013 - 2014 JWB
Item II.B.